Gucci Group - apparel and textile industry company news 
US: Yoox in talks with PPR for online venture - reports
21 May 2012
Shares in Italian online fashion retailer Yoox have increased the most in two and a half years of trading in Milan, after the company is reportedly in talks to set up an online venture with French retail group PPR.
FRANCE: PPR unveils five-year sustainability targets
27 April 2012
French retail group PPR, which owns luxury brands like Gucci and Yves Saint Laurent as well as sportswear firm Puma, today (27 April) unveiled a series of sustainability targets for the next five years, following the launch of its green profit and loss report last year.
FRANCE: Strong luxury sales lift Q1 at PPR
26 April 2012
A stellar performance in its luxury division, which includes brands like Gucci, Bottega Veneta and Yves Saint Laurent, has helped French group PPR to a 15% rise in first-quarter revenue.
US: Jimmy Choo exec Schulman joins Bergdorf Goodman
12 April 2012
American retail group Neiman Marcus has tapped Jimmy Choo CEO Joshua Schulman as the new president of Bergdorf Goodman.
CHINA: Dior taps L'Oréal exec to head Chinese operations
3 April 2012
Christian Dior has appointed Renaud de Lesquen to head its operations in China, effective 1 May, according to media reports quoting a company source.
UK: French clothing makers seek links with British designers
21 March 2012
French luxury clothing manufacturers who produce for Hermès, Louis Vuitton, Balenciaga and Yves Saint Laurent are heading to London next month in a bid to develop links with British designers.
FRANCE: Zeitz to lead PPR sustainability committee
21 March 2012
French luxury goods group PPR has moved Jochen Zeitz to a new role as chairman of sustainability, in a change that will see him stepping down as CEO of the company's sport and lifestyle division in October.
US: Court to hear Gucci trademark case against Guess
14 March 2012
Gucci America will work to convince a federal judge this month that Guess Inc's products infringe Gucci's trademarked designs.
FRANCE: PPR names Slimane to lead Yves Saint Laurent
7 March 2012
Yves Saint Laurent has ended weeks of speculation by appointing Hedi Slimane as the luxury brand's creative director following the recent departure of Stefano Pilati.
US: $325m in counterfeit apparel seized
5 March 2012
Officials in the US have broken up two smuggling rings, and seized counterfeit apparel and footwear worth $325m, which was set to be illegally imported into the country.
US: Target to stop selling sandblasted garments
1 March 2012
Discount retail giant Target Corporation has joined global brands and retailers including Levi Strauss, H&M, Gucci, Benetton and Esprit in banning the use of sandblasting on all owned-brand and national brand apparel sold in its stores.
FRANCE: Pilati to leave Yves Saint Laurent
27 February 2012
PPR has announced that Stefano Pilati, the creative director of Yves Saint Laurent, is set to leave the company.
FRANCE: PPR eyes 2012 growth as FY profit rises
16 February 2012
French luxury goods group PPR says it is confident it will see robust revenue growth this year after booking a 2.3% rise in profit in 2011.
FRANCE: PPR expands executive committee
16 February 2012
French luxury goods group PPR is expanding its executive committee as part of its plans to better integrate the apparel group, which includes luxury brands like Gucci and the Puma sportswear line.
FRANCE: PPR appoints Hymel as sport and lifestyle COO
25 January 2012
PPR has appointed Todd Hymel in the newly created role of chief operating officer of the company's sport and lifestyle division.
UK: Sarah Burton wins designer of the year award
29 November 2011
The British Fashion Council last night (28 November) named Sarah Burton as the winner of the British Fashion Awards Designer of the Year for her work as creative director at Alexander McQueen.
SWEDEN: H&M announces Marni collaboration
29 November 2011
Fashion retailer H&M today (30 November) revealed plans to collaborate with Italian brand Marni on a collection for the high street brand.
MOROCCO: Casablanca's Morocco Mall to join world's best
29 November 2011
Casablanca is set to join the ranks of the world’s leading shopping destinations with the opening next week of The Morocco Mall, which boasts 350 stores and covers more than 70,000 square metres.
Spotlight on...PPR ramps up its green profit and loss report
16 November 2011
French luxury and sporting goods group PPR has revealed the first full set of green accounts for Puma - and says it now plans to roll out environmental profit and loss (EP&L) statements across all of its brands by 2015.
FRANCE: PPR to buy high end Italian tailor Brioni
8 November 2011
French luxury goods group PPR today (8 November) said it is buying high end Italian tailor Brioni for an undisclosed sum.
Interview: Launa Inman, managing director, Target
7 November 2011
Launa Inman, managing director of Australian general merchandise retailer Target, spoke to just-style about how the Australian consumer is changing, the company's scramble to get online and how she has been working to turn the business around over the past seven years.
FRANCE: PPR Q3 revenue up on accelerating luxury sales
27 October 2011
PPR has attributed a 7% rise in third-quarter revenue to a jump in luxury sales over the period.
CHINA: Gucci takes action over “sweatshop” reports
12 October 2011
Luxury fashion brand Gucci has announced a series of measures in response to accusations from former employees that its Shenzhen store was operated like a “sweatshop”.
SWITZERLAND: PPR expands logistics platform
11 October 2011
Luxury goods group PPR has moved to expand its distribution and logistics platform with the acquisition of a site in Switzerland.
CHINA: Gucci accused over “sweatshop” reports
11 October 2011
Luxury Italian fashion brand Gucci has been accused of being a “sweatshop” by five people who used to work in the company’s store in Shenzhen.
AUSTRALIA: Just Group joins ban on sandblasted jeans
23 September 2011
Fashion retailer Just Group is joining global brands including Levi Strauss, Gucci, Benetton and Esprit in putting a stop to selling sandblasted jeans.
KOREA: Luxury market offers room to grow - research
21 September 2011
High-spending shoppers have helped lift luxury sales in South Korea by around 12% each year since 2006 - but growing uncertainty in the market means they must adapt to changing trends, a new report says.
FRANCE: PPR postpones Redcats sale
20 September 2011
PPR has confirmed that it has postponed the sale of its Redcats home shopping business.
ITALY: Armani bans sandblasting after activists campaign
15 September 2011
Italian fashion house Giorgio Armani SpA is joining Gucci and Versace in banning sandblasting from its clothing supply chain after a sustained campaign by activists.
RUSSIA: Clothing and footwear market set for growth
6 September 2011
Retail sales of clothing and footwear in Russia are likely to rise by an average of 10% a year for the next few years, fuelled by growth in the mid-market segment.
Related research
Global Luxury Retailing: Market Size, Brand Strategies and Competitor Performance
Following a steep but short decline in sales in 2009 the global luxury market is thriving once more. Affluent consumers are returning to premium brands, and those with newfound wealth are discovering them for the first time. This report forecasts that the market will grow 65% between 2010 and 2015. Discover the brands that are driving sales, and the key strategies being used to entice luxury shoppers.
Luxury Goods Retailing - Global
“We are on the cusp - in two respects. Longer term trends herald the usurpation by Asia of Europe as the largest luxury goods market by revenues. More immediately, and worryingly, financial crises in Europe and the US threaten a stalling of the global economic recovery and will certainly have dented the confidence of the luxury goods consumer.” - John Mercer, European Retail Analyst
PPR S.A. (PP) - Financial and Strategic Analysis Review
PPR S.A. (PPR) is a France-based company that is specialized in retail and luxury goods distribution. The company’s retail division market luxury goods, fashion and beauty care, and home furnishings markets. The company operates its business through five operating branches namely Fnac, Redcats, Conforama, Puma and Gucci group. PPR's stable of global luxury brands includes Italian luxury goods company Gucci Group, and luxury brands Alexander McQueen, Balenciaga, Boucheron, Bottega Veneta, Stella McCartney, and Yves Saint Laurent, among others.
